NEWS RELEASE Dec. 5. 2006
FSI ANNOUNCES FOURTH AUSTRALIAN WATERSAVR SALE IN THIS QUARTER
VICTORIA, BRITISH COLUMBIA, Dec. 5, 2006 – FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (AMEX: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable and environmentally safe water and energy conservation technologies, as well as anti-scalant technology. Today the Company announces that an order for $100,000 of WaterSavr has been placed by an Australian group, with revenue to occur in fourth quarter 2006.
“The extended acute drought in Australia is driving water conservation. We are pleased with the speed at which sales for WaterSavr are occurring and we expect more orders to be placed soon,” States CEO, Dan O’Brien. He further states, “Other water authorities and users are now considering applying WaterSavr technology as a means of conserving precious water as the Australian summer begins.”
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, is the developer and manufacturer of WaterSavr, the world’s first commercially viable water evaporation retardant. FSI is an environmental technology company specializing in energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. WaterSavr reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. Heatsavr, a “liquid blanket” evaporation retardant for the commercial swimming pool and spa markets, also reduces humidity and lowers water heating costs, resulting in energy savings of 15% to 40%. The Company’s Ecosavr product targets the residential swimming pool market.
The Company’s Nanochem Solutions, Inc., subsidiary specializes in environmentally friendly, green chemistry, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic acid. TPA is used in detergents, water treatment, and scale control and as an anti-crystallizing additive to fertilizers.
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a “Safe Harbor” for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company’s reports filed with the Securities and Exchange Commission.
Flexible Solutions International
615 Discovery Street, Victoria, BC V8T 5G4 CANADA
Company Contacts
Investor Contact
Jason Bloom
BPC Financial
Tel: 250.477.9969
John Baldissera
Toll Free: 800.661.3560
Toll Free: 800.368.1217
Fax: 250.477.9912
Email: ir@barrettopacific.ca
Email: info@flexiblesolutions.com